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Private Equity

Francisco Partners Announces Strategic Minority Investment By Blackstone And Goldman Sachs Asset Management

by businesswire.com posted 4months ago 289 views
SAN FRANCISCO--(BUSINESS WIRE)--Francisco Partners, a leading technology-focused private equity firm, announced that Blackstone’s (NYSE: BX) Strategic Capital Group and Goldman Sachs Asset Management’s Petershill program (“Petershill”) (NYSE:GS) have acquired a minority stake in Francisco Partners. The investment provides Francisco Partners with balance-sheet capital to continue to develop its strong platform while increasing commitments to its own funds, strengthening its alignment with limite.